Filtered by: Economic Policy
Lovely quoted in New York Times article on the Regional Comprehensive Economic Partnership
"RCEP [Regional Comprehensive Economic Partnership] gives foreign companies enhanced flexibility in navigating between the two giants," says Professor of Economics Mary Lovely. "Lower tariffs within the region increases the value of operating within the Asian region, while the uniform rules of origin make it easier to pull production away from the Chinese mainland while retaining that access."
See related: China, Economic Policy, Trade
Lovely discusses US trade ties with Asia-Pacific nations in Bloomberg
"The choice for Biden is clear," says Mary Lovely, professor of economics. "Return the U.S. to the Trans-Pacific Partnership to ensure access for U.S. companies."
See related: China, Economic Policy, Trade, United States
Lovely comments on auto trade under Biden presidency in CNBC article
"On automotive trade, I don’t think you’re going to see Biden making much of a move," says Professor of Economics Mary Lovely. "There’s no way, especially with the labor support Biden has, he’s going to change that."
See related: Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to South China Morning Post about the future of trade, CPTPP
"The Trumpers have this idea that we‘re going to bring supply chains back home, and that is not going to happen, so where are we going?" Many Americans "don’t want to deal with a communist country that they don’t understand, with human rights positions they don’t approve of, to put it mildly," says Mary Lovely, professor of economics.
See related: China, Economic Policy, Trade, U.S. Elections, United States
Lovely speaks to BNN Bloomberg, Politico about Trump's use of tariffs
"Short-term fixes like tariffs don’t work," says Professor Mary Lovely. She claims that the large U.S. trade deficit is fundamentally driven by larger economic factors—like the fact Americans spend more than they save and have to borrow from abroad to finance the difference.
See related: Economic Policy, Federal Government, Tariffs, Trade, United States
Faricy piece on the obstacle to reforming tax code published in New York Times
Chris Faricy, associate professor of political science, argues that the main obstacle to reforming the tax code is not President Donald Trump, but rather the upper-middle-class American voter.
See related: Taxation, United States
Burman named to advisory committee within the Commerce Department
See related: Economic Policy, Federal Government, United States
Lovely op-ed on restoring US manufacturing published in San Antonio Express-News
"To restore U.S. manufacturing jobs, we need to ask why production costs are higher here than abroad. We need to rebalance the costs and benefits to favor the U.S.," writes Mary Lovely, professor of economics. "To successfully manufacture in the U.S. and pay American wages, employers use advanced capital equipment."
See related: Economic Policy, Federal Government, United States
Burman quoted in Albany Times Union article on federal aid for New York state
See related: Federal Government, New York State, State & Local Government, Taxation
Lovely quoted in Reuters article on how Biden will handle tariffs
"It’s unclear how [President Biden] will balance these different competing forces," says Professor of Economics Mary Lovely, about the different parties with a vested interest in Trump's China tariffs, such as labor unions, farmers and climate activists.
See related: Economic Policy, Federal Government, Tariffs, Trade, United States
Lovely speaks to China Daily about US techno-nationalism
See related: China, Economic Policy, Foreign Policy, United States
Popp comments on green stimulus, economic crisis in MIT Technology Review
"What’s really important right now is getting money out quickly, and Congress can’t even do that," says David Popp, professor of public administration and international affairs. "I worry about tacking on green stimulus, or anything else that slows down the process. We can worry about financing the green transition six months from now."
See related: Climate Change, Congress, Economic Policy, United States
Lovely comments on Barr's speech on pro-China policies in Washington Post
See related: China, Economic Policy, U.S. Foreign Policy, United States
Lewis discusses taxpayer return on investment in WalletHub article
"High taxes do not guarantee good services. Low taxes do not mean unsatisfactory services," says Minchin Lewis, adjunct professor of public administration and international affairs.
See related: State & Local Government, Taxation, United States
Lovely speaks to Reuters, Yahoo Finance, Bloomberg about USMCA, China
"The champagne isn’t quite as fizzy as we might have expected—even under the best of circumstances—and there’s trouble coming from all sides," says Professor of Economics Mary Lovely. She adds, "this could be a trade agreement that quickly ends up in dispute and higher trade barriers."
See related: Canada, Economic Policy, International Agreements, Latin America & the Caribbean, Trade, United States
Mitra discusses what India needs to do to attract global supply chains in Economic Times
"Attracting GSCs to India is actually very hard work, without having any attractive catchphrase. There is no strategy other than considerable additional investment and effort into infrastructure and skill-building, tackling power bottlenecks, reforms in labour and land regulations and keeping protectionist forces at bay," writes Devashish Mitra, professor of economics and Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: China, Economic Policy, India, International Agreements, Trade, United States
Lovely discusses Trump's Hong Kong policy in CNN article
"Walking away from situations that challenge U.S. interests, as Trump has done with Hong Kong, only to hide behind a wall of ever higher barriers, will only serve to leave China unchecked and America increasingly alone," writes Professor Mary Lovely.
See related: China, Economic Policy, Trade, United States
Tóbiás featured in WalletHub article on economic fallout from COVID-19
Áron Tóbiás, assistant professor of economics, says the most important lesson that state authorities can learn from the economic fallout of this pandemic is "the unexpected happens—better be prepared." He adds, "From a public finance perspective, state governments (and the federal government, too) might want to think about setting up more robust rainy-day funds once this crisis is over."
See related: COVID-19, Economic Policy, Federal Government, State & Local Government, United States
Lovely comments on the future of the US-China trade deal in South China Morning Post
"The priority the two sides are placing on the deal is not so much a way to repair damage as it is to not cause further damage," says Professor of Economics Mary Lovely. "If the U.S. announces the deal is dead, Trump is locked into some kind of retaliation."
See related: China, Economic Policy, Trade, United States
Mitra discusses India's need for an effective rescue plan in Economic Times
"As reviving the economy is not possible without restarting production, there needs to be a phased exit from the lockdown through extensive testing that identifies people who can go back to work with the confidence that they won’t contract the disease from others," says Devashish Mitra, Gerald B. and Daphna Cramer Professor of Global Affairs.
See related: Economic Policy, India